{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"David Blanchett: Retirement Income Investing in a Low-Yield World (TAM Classic)","description":"In this episode, The Annuity Man and David Blanchett discuss:  People\u2019s irrational preference  A gap between perceived and actual ability Is cryptocurrency going to last?  Investing when there are low yields   Key Takeaways:  In theory, people should be indifferent between spending down their portfolio and living off of it - but investors aren\u2019t always rational, they have a strong preference towards not depleting their portfolio, and they want to live off of the income.  As you age, your probability of making a poor decision increases. At the same time, the gap increases between your perceived ability to make good decisions and your actual abilities.  Blockchain technology is real, it has some potential public use but the value of cryptocurrency is effectively speculative and most investors are young people who have never seen market downturns.  Don't focus on the fact that it could drop in value, focus on how it does in creating sustainable income.    "The best thing you can do is to make 'easy buttons' and a way to enjoy retirement where you're not stressed out all the time when the market goes down." \u2014  David Blanchett \u202f  Connect with David Blanchett: Website: https:\/\/www.davidmblanchett.com\/  LinkedIn: https:\/\/www.linkedin.com\/in\/david-blanchett-b0b0aa2\/    Connect with The Annuity Man:  Website: http:\/\/theannuityman.com\/  Email: Stan@TheAnnuityMan.com  Book: Owner\u2019s Manuals: https:\/\/www.stantheannuityman.com\/how-do-annuities-work YouTube: https:\/\/www.youtube.com\/channel\/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today - https:\/\/www.stantheannuityman.com\/annuity-calculator! ","author_name":"\u201cFun With Annuities\u201d The Annuity Man Podcast","author_url":"https:\/\/www.TheAnnuityMan.com","html":"